Economic resilience refers to the ability of an economy to withstand and recover from shocks. It involves maintaining stability during crises. Strong institutions and diverse industries contribute to this resilience. Effective policies support growth and adaptation. A resilient economy can better manage risks and seize opportunities. This ensures long-term sustainability and prosperity for communities. It is vital for overall national development.
The Sustainable Trade Index 2024 reflects the growing emphasis on resilience in global trade. As nations recover from the pandemic, they face challenges such as health crises, climate...
